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NHS
14:10, 11 JUN 2025
Highlights from Rachel Reeves' review: Transport, housing, defence and NHS spending boosts
º£½ÇÊÓÆµ Government
Rachel Reeves said her spending review was "fully funded" and set out day-to-day spending plans for the next three years
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Labour's Rachel Reeves outlines multi-billion pound investment plan in her spending review
Labour Party
The Chancellor said total departmental budgets would grow by 2.3% a year in real terms and promised a "record cash investment" in the NHS
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Assura agrees to £1.7 billion acquisition by KKR and Stonepeak
North West
The Assura board has accepted a recommended all-cash takeover offer from Sana Bidco, a vehicle owned by KKR and Stonepeak, which values the firm at 52.1p per share
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A less is more approach needs to be part of fixing the NHS
NHS
Nick Samuels director of healthcare at Freshwater on why improving the NHS is not just about the new, but doing what is already there more effectively.
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Former Halfords store to become healthcare centre
West Midlands
NHS agrees letting deal for diagnostic centre in south Birmingham
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North East IT provider Synergi snapped up by DC Thomson subsidiary Brightsolid
Creative & Digital
Synergi's co-founder Peter Joynson said the firm had been approached by suitors before
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Northumberland life sciences firm seals £500k investment to fund trials for cancer-prevention treatment
Deals
The Alnwick business is poised to draw up a clinical trial for HELIX, the firm's first product being brought to market
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Spire Healthcare shares plunge over quarter as group warns of cost hit despite NHS demand
By City AM
The group said it faced a £30m hit to earnings before interest, tax, deprecation and amortisation (EBITDA) in the year ahead due to National Insurance and minimum wage increases, and the expiry of its energy hedge
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Tyneside tech firm Notify Technology raises £1.5m investment
Deals
The latest funding round brings the total Notify Technology has raised to date to over £7m
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NHS delays drive demand for private healthcare to record levels
By City AM
The private healthcare market has broken yet another record, with private hospital admissions hitting their highest rate in the third quarter of any year
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Newcastle firms Seriös Group and Opencast team up on £1m contract
Deals
The two Hoults Yard businesses will deliver data services to the Newcastle-based NHS Business Services Authority
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Manchester business leaders urge Chancellor to phase in National Insurance rises
Economy
Leaders at the Greater Manchester Chamber of Commerce also highlighted the need to target growth in the North
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Bruntwood SciTech 'steadfast' as market revaluations mean losses widen – but vows to keep investing across º£½ÇÊÓÆµ
NHS
Pre-tax losses widen at innovation-focused property group that has now pushed into London
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North East life sciences experiencing a wave of optimism - but there are challenges to overcome
Chamber of Commerce
The first of what is hoped to be an annual study of the region's sector is positive but lack of funding, laboratory space and big changes with the US trading relationship pose difficulties for firms
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Sheffield's One Health Group looks to create surgical hub through £8m fundraise
Health
The surgical services provider to the NHS is proposing a move from the AQSE Growth Market and admission to AIM
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º£½ÇÊÓÆµ Government achieves NHS appointment target early, yet challenges remain
By City AM
As of last Thursday, the number of people on the waiting list dropped slightly from 7.48 million to 7.46 million, while the estimated number of patients waiting was down from 6.28 million to 6.24 million
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Will AI take our jobs? North West’s top tech entrepreneurs have their say at Turing Innovation Catalyst showcase
Technology
From saving money to finding pets, businesses showcase use of AI as they pitch for investment
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Number of Brits with private medical insurance soars amid NHS crisis
By City AM
A total of 4.68 million people had private medical insurance by the end of 2023, up from 4.6 million in 2022, as delays in NHS care drive customers to go private
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Bank of England expected to resume interest rate cuts
Economy
Most experts predict a quarter point reduction to 4.5%
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ONS chief Sir Ian Diamond confident in º£½ÇÊÓÆµ's rising health-related economic inactivity data
By City AM
Sir Ian Diamond, the º£½ÇÊÓÆµ's national statistician, said that work from the Office for National Statistics (ONS) on health-related inactivity "hangs together" with a range of other figures
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Newcastle's Ryder Architecture hails strong performance in challenging times
property news
Ryder is leading the design team on the regeneration of East Pilgrim Street, amongst many other projects around the globe
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Filtronic, Howarth Litchfield, The Percy Hedley Foundation, Lumo, Advantex Network Solutions and Creo Comms
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Exeter's maritime future 'at stake' as huge new housing development considered
South West
'Commercial maritime use on the canal has not stopped. It is merely going through a quiet phase'
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New plans for private hospital in empty office block
NHS
Developers have launched a second bid to transform the empty offices in Coventry
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